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INFINEON TECHS AG S/ADR - IFNNY STOCK NEWS

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Infineon Technologies AG S/ADR (IFNNY) is a global leader in semiconductor solutions. With a focus on innovation and quality, Infineon plays a crucial role in advancing technology and shaping the future. Their products enable efficient energy use, environmentally-friendly mobility, and security in a connected world. Infineon's team, comprised of individuals from over 90 countries, exemplifies their commitment to success and responsible business practices.

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Infineon Technologies AG (FSE: IFX) (OTCQX: IFNNY) has developed the world's first 300 mm power gallium nitride (GaN) wafer technology, a groundbreaking achievement in high-volume manufacturing. This innovation will significantly drive the GaN-based power semiconductor market, offering 2.3 times more chips per wafer compared to 200 mm wafers.

GaN semiconductors are rapidly adopted in various applications, including AI systems, solar inverters, and motor-control systems. The 300 mm manufacturing process ensures improved device performance, efficiency, and customer supply stability. Infineon's success leverages existing 300 mm silicon production competencies, allowing for accelerated implementation and efficient capital use.

This breakthrough positions Infineon to shape the growing GaN market, estimated to reach several billion US-Dollars by the end of the decade. The company aims to achieve cost parity between GaN and silicon products, supporting its mission of decarbonization and digitalization.

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Infineon Technologies AG and Amkor Technology, Inc. have signed a Memorandum of Understanding to promote decarbonization and sustainability across their supply chain. This partnership aims to:

  • Engage with common suppliers to develop effective decarbonization strategies
  • Identify areas for improvement in emissions reduction
  • Support suppliers in setting science-based targets
  • Provide guidance and track progress for continuous improvement

The collaboration expands on their existing Outsourced Semiconductor Assembly and Test (OSAT) relationship and aligns with both companies' sustainability goals. Infineon aims to become CO2-neutral for scope 1 and 2 by 2030, while Amkor targets net-zero emissions by 2050.

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Cooler Master has expanded its partnership with Infineon Technologies AG to introduce the X series high-wattage power supplies. These new PSUs, ranging from 850W to 2000W, are designed for high-performance gaming, AI, and industrial applications. The collaboration combines Cooler Master's thermal and power design expertise with Infineon's advanced semiconductor technology.

Key products include the X Silent Series (industry's first 850W/1100W fanless PSUs), MAX Platinum 1300W, and X Mighty Platinum Series 2000W. These PSUs feature advanced thermal management, high conversion efficiency, silent performance, and digital monitoring capabilities. The partnership aims to meet evolving customer needs and drive decarbonization in high-performance computing.

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Infineon Technologies AG partners with Amkor Technology, Inc. to strengthen its outsourced backend manufacturing footprint in Europe, establishing a packaging and test center in Porto. Operations set to begin in the first half of 2025, enhancing the semiconductor supply chain and resilience for automotive customers.
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Vyvo Smart Chain partners with Infineon Technologies to enhance security for wearables and IoT devices. Infineon's OPTIGA™ Trust M provides tamper-resistant hardware and NVM for secured storage and encryption, reinforcing VSC's HealthFi ecosystem.
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Arrow Electronics and eInfochips collaborate with Infineon Technologies to accelerate development of electric vehicle chargers. The partnership aims to address challenges faced by equipment manufacturers in developing DC fast chargers by providing a reference platform with innovative products and design services.
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Infineon Technologies AG and Wolfspeed, Inc. have extended their long-term silicon carbide wafer supply agreement, including a multi-year capacity reservation agreement. This expansion contributes to Infineon's supply chain stability amid growing demand for silicon carbide semiconductor products in automotive, solar, EV applications, and energy storage systems. The adoption of silicon carbide-based power solutions is rapidly growing across multiple markets, enabling smaller, lighter, and more cost-effective designs, converting energy more efficiently to unlock new clean energy applications. Wolfspeed is positioned as the world's leader in silicon carbide production, with industry estimates indicating substantial growth in demand for silicon carbide devices and supporting material through 2030, representing a $20 billion annual opportunity.
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LTIMindtree selected as strategic partner for SAP services by Infineon Technologies
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Infineon Technologies AG's OPTIGA Authenticate product family supports the verification of spare parts and original products, contributing to a trustworthy, sustainable economic approach. The product allows authentication of devices and verification of spare parts, ensuring product safety and meeting quality standards. It also creates security and transparency for consumers and opens up a new market for the industry. The OPTIGA Authenticate product family can be used in a wide range of replaceable components. With this product, Infineon takes a step towards a circular economy and enables customers to build more sustainable solutions.
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TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors announced a joint investment in European Semiconductor Manufacturing Company (ESMC) to provide advanced semiconductor manufacturing services. The project aims to construct a 300mm fab in Dresden, Germany, to support the automotive and industrial sectors. The fab is expected to have a monthly production capacity of 40,000 300mm wafers on TSMC's 28/22 nanometer planar CMOS and 16/12 nanometer FinFET process technology.
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FAQ

What is the current stock price of INFINEON TECHS S/ADR (IFNNY)?

The current stock price of INFINEON TECHS S/ADR (IFNNY) is $33.08 as of October 15, 2024.

What is the market cap of INFINEON TECHS S/ADR (IFNNY)?

The market cap of INFINEON TECHS S/ADR (IFNNY) is approximately 42.8B.

What does Infineon Technologies AG S/ADR (IFNNY) specialize in?

Infineon is a global leader in semiconductor solutions, focusing on innovation, quality, and sustainability.

How does Infineon contribute to a better future?

Infineon contributes to a better future through efficient energy use, environmentally-friendly mobility, and security solutions for a connected world.

What makes Infineon a reliable partner?

Infineon's products are developed with passion, manufactured with precision, and their team's commitment to success makes them a trusted partner.

What challenges does Infineon solve for society?

Infineon tackles critical challenges such as efficient energy use, eco-friendly mobility, and security in a connected world.

How diverse is Infineon's team?

Infineon's team comprises men and women from over 90 countries, making it a successful international company with a diverse skill set.

What values guide Infineon's operations?

Infineon values entrepreneurship, creativity, commitment, and responsibility towards society, combining business success with ethical behavior.

What is Infineon's approach to semiconductor technology?

Infineon understands how semiconductors enhance modern technology's performance, shaping both current and future innovations.

Why is Infineon considered a reliable partner for customers?

Infineon's products are developed with passion, manufactured with precision, and their commitment to success makes them a trusted and reliable partner.

How does Infineon mitigate its environmental impact?

Infineon takes a conscientious approach to natural resource utilization, focusing on efficient energy use and environmentally-friendly solutions.

How does Infineon contribute to shaping the future of technology?

Infineon enables solutions that shape modern technology and people's lives, driven by innovation, quality, and a commitment to success.

INFINEON TECHS AG S/ADR

OTC:IFNNY

IFNNY Rankings

IFNNY Stock Data

42.81B
1.30B
0.39%
0.05%
Semiconductors
Technology
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United States of America
Neubiberg